Budget 2000
Ministry of Finance and Corporate Relations
Honourable Paul Ramsey, Minister		 Reports
This electronic version is for informational purposes only.
The printed version remains the official version.

Report H: SUPPLEMENTARY TABLES

TABLE H10
KEY DEBT INDICATORS
   
For fiscal year ending  March 31
1997 1998 1999 Revised
Forecast
2000		Budget
Estimate
2001
Debt to revenue (per cent)

Total provincial

 97.8 98.7 102.3 104.0 109.0
Taxpayer-supported 91.3 93.4 98.6 102.6 114.3
Debt per capita ($)1

Total provincial

 7,534 7,622 8,008 8,515 8,964
Taxpayer-supported 5,449 5,550 5,743 6,190 6,852
Debt to GDP (per cent)2

Total provincial

 27.1 27.2 28.9 29.9 30.7
Taxpayer-supported 19.6 19.8 20.7 21.8 23.5
Interest bite (cents per
dollar of revenue)3
Total provincial 8.0 7.6 7.8 7.6 8.4
Taxpayer-supported 7.3 7.0 7.4 7.4 8.3
Interest costs ($ millions)

Total provincial

 2,386 2,319 2,449 2,505 2,812
Taxpayer-supported 1,692 1,656 1,720 1,787 2,024
Interest rate (per cent)4

Taxpayer-supported

 8.2 7.7 7.6 7.5 7.7
Background Information:
Revenue ($ millions)

Total provincial5

 29,919 30,593 31,302 32,923 33,472
Taxpayer-supported6 23,174 23,525 23,297 24,282 24,399
Total debt ($ millions)

Total provincial

 29,247 30,182 32,018 34,256 36,473
Taxpayer-supported7 21,152 21,978 22,961 24,904 27,881
Provincial GDP ($ millions)8 108,034 111,126 110,948 114,480 118,820
Population (thousands at July 1)9 3,882 3,960 3,998 4,023 4,069
 
1 The ratio of debt to population (e.g. 2001 debt divided by population at July 1, 2000).
2 The ratio of debt outstanding at fiscal year end to provincial nominal gross domestic product (GDP) for the calendar year ending in the fiscal year (e.g. 2001 debt divided by 2000 GDP).
3 The ratio of interest costs (less sinking fund interest) to revenue. Figures include capitalized interest expense in order to provide a more comparable measure to outstanding debt.
4 Weighted average of all outstanding debt issues.
5 Includes revenue of the consolidated revenue fund plus revenue of all Crown corporations and agencies.
6 Excludes revenue of commercial Crown corporations and agencies.
7 Excludes debt of commercial Crown corporations and agencies and funds held under the province's warehouse borrowing program.
8 GDP for the year ending in the fiscal year (e.g. GDP for 2000 is used for the fiscal year ending March 31, 2001).
9 Population at July 1st within the fiscal year (e.g. population at July 1, 2000 is used for the fiscal year ending March 31, 2001).

 

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